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iShares iBoxx $ Investment Grade Corporate Bond ETF

537 hedge funds and large institutions have $14B invested in iShares iBoxx $ Investment Grade Corporate Bond ETF in 2015 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 177 increasing their positions, 229 reducing their positions, and 55 closing their positions.

New
Increased
Maintained
Reduced
Closed

2.28% more ownership

Funds ownership: 65.22%67.5% (+2.3%)

4% less capital invested

Capital invested by funds: $14.6B → $14B (-$607M)

4% less funds holding

Funds holding: 557537 (-20)

23% less funds holding in top 10

Funds holding in top 10: 8062 (-18)

23% less repeat investments, than reductions

Existing positions increased: 177 | Existing positions reduced: 229

27% less first-time investments, than exits

New positions opened: 40 | Existing positions closed: 55

65% less call options, than puts

Call options by funds: $208M | Put options by funds: $600M

Holders
537
Holders Change
-20
Holders Change %
-3.59%
% of All Funds
14.47%
Holding in Top 10
62
Holding in Top 10 Change
-18
Holding in Top 10 Change %
-22.5%
% of All Funds
1.67%
New
40
Increased
177
Reduced
229
Closed
55
Calls
$208M
Puts
$600M
Net Calls
-$392M
Net Calls Change
-$267M
Name Holding Trade Value Shares
Change
Change in
Stake
Betterment LLC
51
Betterment LLC
New York
$37.7M +$5.17M +43,652 +15%
Northwestern Mutual Wealth Management
52
Northwestern Mutual Wealth Management
Wisconsin
$37.4M +$3.9M +32,878 +11%
FAAS
53
First Allied Advisory Services
California
$36.8M +$28M +236,678 +291%
AF
54
Ally Financial
Michigan
$35.3M +$11.8M +100,000 +49%
AssetMark Inc
55
AssetMark Inc
California
$33.8M -$69.4M -585,609 -67%
HSBC Holdings
56
HSBC Holdings
United Kingdom
$33.2M -$9.1M -76,772 -21%
PCA
57
Personal Capital Advisors
California
$33.1M +$6.04M +50,958 +22%
CA
58
Cambridge Associates
Massachusetts
$31.2M
CTB
59
Country Trust Bank
Illinois
$31.1M +$2.57M +21,714 +9%
EB
60
Eastern Bank
Massachusetts
$30.6M +$2.5M +21,078 +9%
CS
61
Credit Suisse
Switzerland
$30.2M -$34.1M -287,577 -52%
NYLIM
62
New York Life Investment Management
New York
$29.7M +$4.08M +34,400 +15%
FBNAT
63
FirstMerit Bank N.A. Trustee
Ohio
$29.5M +$2.05M +17,275 +7%
State of Tennessee, Department of Treasury
64
State of Tennessee, Department of Treasury
Tennessee
$27.5M +$28.2M +237,987 New
PAMU
65
Pictet Asset Management (UK)
United Kingdom
$27.2M +$1.71M +14,400 +7%
BIT
66
BlackRock Institutional Trust
California
$26.8M -$8.62M -72,746 -24%
MLICM
67
Metropolitan Life Insurance Company (MetLife)
New York
$25.1M +$25.7M +216,731 New
RJA
68
Raymond James & Associates
Florida
$24.6M +$6.18M +52,192 +33%
FEG
69
Financial Enhancement Group
Indiana
$24.4M +$24.9M +210,551 New
Bank of Montreal
70
Bank of Montreal
Ontario, Canada
$22.4M +$3.49M +29,466 +18%
SL
71
Summitry LLC
California
$22.3M +$635K +5,360 +3%
Franklin Resources
72
Franklin Resources
California
$22.1M -$696K -5,872 -3%
WF
73
Welch & Forbes
Massachusetts
$20.7M -$304K -2,570 -1%
JG
74
Jefferies Group
New York
$20.4M +$20.9M +176,414 New
Cambridge Investment Research Advisors
75
Cambridge Investment Research Advisors
Iowa
$19.3M +$1.24M +10,425 +7%

LQD Hedge Fund Activity: Q2 2015 in Review

537 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) for Q2 2015, worth a combined $14B — down 4.2% from $14.6B a quarter earlier.

Sellers outnumbered buyers: 55 funds closed out of LQD and 40 opened new positions — a net loss of 15 holders — while 229 trimmed existing stakes and 177 added.

The largest buyer was BlackRock Advisors, adding an estimated $445M. The largest seller was JP Morgan Chase, cutting an estimated $373M.

  • 537 institutional investors held iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) as of Q2 2015, down from 557 in Q1 2015.
  • Funds reported $14B of iShares iBoxx $ Investment Grade Corporate Bond ETF stock for Q2 2015, down 4.2% quarter-over-quarter.
  • 40 funds opened new iShares iBoxx $ Investment Grade Corporate Bond ETF positions in Q2 2015 and 55 closed out, a net change of -15 holders.
  • The largest iShares iBoxx $ Investment Grade Corporate Bond ETF buyer in Q2 2015 was BlackRock Advisors, an estimated $445M added.
  • The largest iShares iBoxx $ Investment Grade Corporate Bond ETF seller in Q2 2015 was JP Morgan Chase, an estimated $373M sold.

Based on aggregated 13F filings for Q2 2015.